DIMENSION to participate in Tokyo Venture Capital Hub, which opens on November 24 within Azabudai Hills
DIMENSION, Inc. (headquarters: Minato-ku, Tokyo, President and CEO: Takamitsu Miyaso ; hereafter, DIMENSION) announces its participation in the “Tokyo Venture Capital Hub,” which commenced operations at Azabudai Hills on November 24, 2023.
◆ About Azabudai Hills
Azabudai Hills is a redevelopment project that Mori Building has been working on for 35 years. It was recently announced that the project opened on Friday, November 24, 2023.
Based on the concept of a “Modern Urban Village – a city enveloped in green, like a ‘plaza’ connecting people to people,” Azabudai Hills is envisioned as a complex for people to live healthy and prosperous lives while harmonizing with nature, in a vast planned area of approximately 8.1 hectares with around 24,000 square meters of abundant greenery. Within a total floor area of approximately 861,700 square meters, urban functions that range from offices, residences and commercial offices to cultural facilities, educational institutions and medical facilities will be integrated.
◆ About Tokyo Venture Capital Hub
The Tokyo Venture Capital Hub, which will be located on the 4th and 5th floors of Garden Plaza B at Azabudai Hills, is Japan’s first large-scale hub for venture capital (VC) integration. It will bring together approximately 70 companies, including the Japan Venture Capital Association, independent VCs leading Japan’s VC industry, and corporate venture capital (CVC) firms affiliated with major Japanese corporations.
The Hub’s approximately 3,600 square meter facility will feature not only office space but also a coworking area where many CVCs can participate. It is envisioned to host networking events for startups, pitch events, workshops contributing to the growth of the industry and the development of next-generation VCs, as well as seminars introducing the latest technologies. Mutual exchange with independent VCs based in the office area will also be encouraged, aiming to serve as a venue for the essential supply of venture capital crucial for startup growth and to act as a catalyst for revitalizing the Japanese economy.
◆ Participation in the Tokyo Venture Capital Hub and office relocation
We are pleased to announce that DIMENSION has decided to participate in the Tokyo Venture Capital Hub.
In this space, which will become Japan’s first large-scale hub for venture capital aggregation, DIMENSION will commit itself to more than just providing venture capital. We will also offer abundant business growth insights, assistance in organizational development, support for financing, and even empower entrepreneurs with the courage to pursue their endeavors. Alongside other leading VCs driving the industry, we aspire to contribute to the revitalization of the Japanese economy.
In line with the above, we plan to relocate our offices to the Tokyo Venture Capital Hub in late January 2024.
DIMENSION is dedicated to fostering entrepreneurs who will lead Japan in the future and nurturing socially meaningful ventures. In doing so, we aim to contribute to the expansion and revitalization of the Japanese business market, and making a positive impact on Japanese society.
■ DIMENSION, Inc. (https://www.dimensionfund.co.jp/en/)
Our mission is “Building a society where people’s vision and commitment are rewarded.”
The first fund, established in October 2019, has invested in 24 companies, three of which have gone public. In April 2022, we established the second fund with a total of 10.15 billion yen. Beyond merely providing risk money, we leverage our expertise in business growth, organizational development, and finance to invest in entrepreneurs who are committed and sincere in their management from the early stages, supporting their business expansion and IPO efforts.
Representative: Takamitsu Miyaso Chief Executive Officer
Location: 15th floor, Toranomon Hills Business Tower, 1-17-1 Toranomon, Minato-ku, Tokyo.
Established: October 2019
Business: Venture Capital business